To provide disaster relief to small businesses, and for other purposes.
USA115th CongressHR-4148| House
| Updated: 11/16/2017
Mike Thompson
Democratic Representative
California
Cosponsors (8)
Commodity Markets, Digital Assets, and Rural Development Subcommittee, Small Business Committee, Agriculture Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Small Business Disaster Relief Act of 2017 This bill amends the Small Business Act to authorize the Small Business Administration (SBA) to exceed the $100,000 limit on small business development center assistance grants to accommodate extraordinary occurrences having a catastrophic impact on small business concerns in a community. The bill amends the Disaster Relief Act of 1970 to permit: (1) the use of SBA and Farm Service Agency (formerly, Farmers Home Administration) loans for enterprises that are vital to recovery efforts in a disaster area (including debris removal services, manufactured housing, gasoline, telecommunications, or building materials); and (2) such loans to waive any required evaluation of creditworthiness in exchange for a fee set by the SBA or the Farm Service Agency.
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Timeline
Introduced in House
Referred to the Committee on Small Business, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Commerce
Disaster relief and insuranceEnergy storage, supplies, demandGovernment lending and loan guaranteesHomelessness and emergency shelterMotor fuelsSmall businessSmall Business AdministrationSolid waste and recycling
To provide disaster relief to small businesses, and for other purposes.
USA115th CongressHR-4148| House
| Updated: 11/16/2017
Small Business Disaster Relief Act of 2017 This bill amends the Small Business Act to authorize the Small Business Administration (SBA) to exceed the $100,000 limit on small business development center assistance grants to accommodate extraordinary occurrences having a catastrophic impact on small business concerns in a community. The bill amends the Disaster Relief Act of 1970 to permit: (1) the use of SBA and Farm Service Agency (formerly, Farmers Home Administration) loans for enterprises that are vital to recovery efforts in a disaster area (including debris removal services, manufactured housing, gasoline, telecommunications, or building materials); and (2) such loans to waive any required evaluation of creditworthiness in exchange for a fee set by the SBA or the Farm Service Agency.
View Full TextSuggested Questions
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Timeline
Introduced in House
Referred to the Committee on Small Business, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Mike Thompson
Democratic Representative
California
Cosponsors (8)
Commodity Markets, Digital Assets, and Rural Development Subcommittee, Small Business Committee, Agriculture Committee
Commerce
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Disaster relief and insuranceEnergy storage, supplies, demandGovernment lending and loan guaranteesHomelessness and emergency shelterMotor fuelsSmall businessSmall Business AdministrationSolid waste and recycling